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however, tennessee senator bob cochran says even if a deal does get done don't expect too much. >> we're goakd up with a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> the president did say deja vu all over again. if corker is right, we are going to say some of the same machinations we've seen before. if it doesn't happen, the president wants that up or down vote on his plan. >> remember night, monday night is new year's eve when it all could go bad. >> and happy new year to you. >> thank you, gary. >>> and economists are warning that going over that fiscal cliff could pull us all back into recession. congress impressional democrats attended a new year's eve style rally saying the fiscal cliff ball is in the republican court. surae chinn is on capitol hill. >> i'm urging congress to take action, stop playing games, and let's move on. >> reporter: frustration has boiled over for bob packer, a small business owner. >> i'm disappointed and angry. if they were my representeddives, i'd certainly vote them out of office. >> on tie mit
however, tennessee senator bob cochran says even if a deal does get done don't expect too much. >> we're goakd up with a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> the president did say deja vu all over again. if corker is right, we are going to say some of the same machinations we've seen before. if it doesn't happen, the president wants that up or down vote on his plan. >> remember night, monday night is new...
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so bob why you are so up beat about more mergers and being a acquisitions especially with everything going on with the fiscal cliff. >> it's a pessimistic time andtn the merger market. m & a has been fantastic. 9 market has been okay. it's not been at th terrible bus been good. it's been held back by the negativism that was focused on the eu and this year it's the fiscal cliff and the election and everything else. the conditions are there. we need more m. & a in this cup. >> you are saying they are notgt ablocksblockbustermega deals buo medium companies, why is that. >> to do a step out deal therehe sense that things are good. m & a needs to be done. growth is thro slow and one of e ways to rise is to buy. everything is good but we have been held back by the negativism by the fiscal issues europe and the u.s. >> susie: you told me there were oil and gas americ mergersu think that tech could be an air yeah wirarea. what kind of gived guidelines can you give to investors so they can take advantage of these trends. >> there is a huge boom inenergd healthcarhealthcare in particule new he
so bob why you are so up beat about more mergers and being a acquisitions especially with everything going on with the fiscal cliff. >> it's a pessimistic time andtn the merger market. m & a has been fantastic. 9 market has been okay. it's not been at th terrible bus been good. it's been held back by the negativism that was focused on the eu and this year it's the fiscal cliff and the election and everything else. the conditions are there. we need more m. & a in this cup. >>...
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i wasn't being funny, bob. i know. >>> i'm very proud to announce my choice for america's next secretary of state, john kerry. >> in the spotlight tonight, massachusetts senate race. dean of the massachusetts delegation ed markey announced that he will run for the senate seat. he said in the last election the country and the common wealth voted for a better future for the middle class. i have decided to run for the u.s. senate because this fight is too important. there is so much at stake. his announcement came days, as others announced they will not run for the seat. the election will take place some time in june. massachusetts government will appoint a place holder as john kerry is sworn in. 52% of voters have a favorable view of congressman ed marky. a third polled said they had never heard of him. in a pipethet hypothetical election, joining me now, gentleman, i'm going to kill the suspension right now. with that poll, showing 48% would say today that they would vote for scott brown and 40% saying they woul
i wasn't being funny, bob. i know. >>> i'm very proud to announce my choice for america's next secretary of state, john kerry. >> in the spotlight tonight, massachusetts senate race. dean of the massachusetts delegation ed markey announced that he will run for the senate seat. he said in the last election the country and the common wealth voted for a better future for the middle class. i have decided to run for the u.s. senate because this fight is too important. there is so much...
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we did, bob. we did. got it. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> can't stop talking good marriage even though they have taken a vow that prevents them from knowing about marriage. on christmas eve they published a article about marriage. it says they are a different reality. same sex couples can not d biologically reproduce. this puts them in the came space as those who cannot reproduce and mary years after the age that they could have the baby. as support for marriage equality increases around the world the vatican is getting panicky. it is claiming that it is a socialist plot. never mind that jesus christ was the original socialist. and that the hard-core of all-time was viciously anti-gay. fidel castro became the most extre extreme traeme practitioner of socialism. in his eutopia gay sex was a criminal act. he sent them to reeducation bel country of it. so it has not been a special friend
we did, bob. we did. got it. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> can't stop talking good marriage even though they have taken a vow that prevents them from knowing about marriage. on christmas eve they published a article about marriage. it says they are a different reality. same sex couples can not d biologically reproduce. this puts them in the came space as those who...
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bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. . >>> another day, another step closer to the edge. talking about the fiscal cliff, of course. how are traders protecting themselves from the worst? let's find out from brian stoutman, an expert in hedging your portfolio against volatility. brian, good to have you with us. how are traders like yourself looking to protect themselves? >> well, certainly midday we saw options traders in the pit buying protection against their portfolio or shorting the market by buying some puts. what they did is went into the spiders, and we saw a purchase of about 5,000 puts of the 141 strength for 2.35. these options expire in two weeks so they are weekly type options and saw a lot of activity. the vix spiked extremely hard in
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. . >>> another day, another step closer to the edge. talking about the fiscal cliff, of course. how are traders protecting themselves from the worst? let's find...
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i wasn't being funny, bob. i know. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by bp and all of us who call the gulf home. >>> a number ofec perts are saying small businesses will get hit the worst if
i wasn't being funny, bob. i know. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone...
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bob corker got up today, senator, republican, senior guy now on this issue. and what does he say? we may not get a deal and we're going to threaten the good faith and credit of the united states again. okay? 514 days and what do we get? more debt ceiling threats and the irony is you talk about the pressure but the irony is republican base on wall street thinks that's a terrible idea. so what does the president have to do? something that's uncomfortable for him because he's more responsible than these guys and say i care so much about a deal to negotiate with myself. i'm going to give it up and still threatening me and i think he has to take an maxim from donald rumsfeld, weakness is provocative. tell them we're strong, the white house, we were re-elected. you go home. you go home and deal with it because this is out of control and nobody's angry enough to realize it. >> you're angry enough. >> i'm alone. >> no, you're not. >> michael shear's not angry. he's measured and i understand that and we're playing different roles sometimes but if you're a reporter and following this and fo
bob corker got up today, senator, republican, senior guy now on this issue. and what does he say? we may not get a deal and we're going to threaten the good faith and credit of the united states again. okay? 514 days and what do we get? more debt ceiling threats and the irony is you talk about the pressure but the irony is republican base on wall street thinks that's a terrible idea. so what does the president have to do? something that's uncomfortable for him because he's more responsible than...
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. >> reporter: senator bob courter told cbs this morning he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something. let me just say one more time this is a total dereliction of duty at every level. >> reporter: going over the cliff would affect 88% of u.s. taxpayers whose taxes would go up on average $3,500 a year. many americans are frustrated the showdown has gone down to the last minute. >> they're playing games with people's lives. i don't think that's correct. >> it's just unfortunate that at this point the two sides can't come together because it's been like that for the last four or five years. >> reporter: 2 million americans will also lose jobless benefits on saturday if a deal isn't reached and the nation's borrowing limit to finance our $16 trillion debt will also be reached on monday. danielle nottingham, cbs news, washington. >>> my own mom at christmas dinner told me do not raise my taxes. >> after a few words of advice at home the bay area's newly elected congressman is abou
. >> reporter: senator bob courter told cbs this morning he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something. let me just say one more time this is a total dereliction of duty at every level. >> reporter: going over the cliff would affect 88% of u.s. taxpayers whose taxes would go up on average $3,500 a year. many americans are frustrated the showdown has gone down to...
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bob scales on the phone with us now. general scales you wrote a book called certain victory and you have a lot of knowledge of the history of the iraq war but personal knowledge with this man. you call him truly the first great american hero after vietnam. your thoughts? >> that is exactly right, harris. remember, i come from the same generation as general schwarzkopf and the vector was the vindication of my generation report vietnam generation because it was our first great military victory after defeat in vietnam and he took that personally. i knew general schwarzkopf well, going back to his time as a major in the pentagon. he also carried in his sack this rock that had the sigma that went with the defeat in vietnam. when defeated the iraqi military in the plains of iraq, when was able to do that one of the first things he said at the truce tent was this is a vindication for my generation, harris. so detail on his life, general scales, many people may not know. he was born in trenton, new jersey. in fact, his father fo
bob scales on the phone with us now. general scales you wrote a book called certain victory and you have a lot of knowledge of the history of the iraq war but personal knowledge with this man. you call him truly the first great american hero after vietnam. your thoughts? >> that is exactly right, harris. remember, i come from the same generation as general schwarzkopf and the vector was the vindication of my generation report vietnam generation because it was our first great military...
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we did, bob. we did. got it. >>> have you ever been to habulabi? if you're in the market for fake flowers or beads or yarn, you may find yourself in a habulabi. now, me, i'm not so good at the crafting. this is my handwriting. i can barely use a pen, much less actually fold anything or use scissors. you don't want me around scissors. but many americans do know their way around a hot glue gun, as evidenced by the existence of 525 of these hobby lob write stores spread all across the country. the hobby lobby chain was founded by a guy named david green. he's still the ceo and worth $4.5 billion, which is a lot. according to the store's statement of purpose, however, mr. green's main goal in founding his crafting empire was ton sell scrapbooks or construction paper or even to make billions of dollars. it was to honor the lord and operate the company in a manner consistent with biblical principles. those principles included refusing to provide insurance coverage for emergency contraception to his more than 13,000 employees. under the terms, however, of
we did, bob. we did. got it. >>> have you ever been to habulabi? if you're in the market for fake flowers or beads or yarn, you may find yourself in a habulabi. now, me, i'm not so good at the crafting. this is my handwriting. i can barely use a pen, much less actually fold anything or use scissors. you don't want me around scissors. but many americans do know their way around a hot glue gun, as evidenced by the existence of 525 of these hobby lob write stores spread all across the...
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bob is on the republican line from greenville, south carolina. caller: good morning. 35% of the homes in las vegas are leading up to the bible were second homes. that was speculation by individual americans, the individual people. in many cases they were building up the bubble. a device thato wri blows my mind. in california people on home prices would never come down. a certain percentage of the people were to blame for the home bubble gum does like they were to blame for the tech bubble. now they have loans attached to them and many walk away and then we have to print money from the federal reserve. how can you deny this did not happen? people just on home prices will go up forever and i will jump in and take a hold of this and then they go down and everybody wants to blame someone else. you don't see that at all happening in this equation? guest: in order for speculation to happen, you have to have rising prices in the first place. you did not the speculation taking place in texas or kansas or nebraska or north carolina, even though those area
bob is on the republican line from greenville, south carolina. caller: good morning. 35% of the homes in las vegas are leading up to the bible were second homes. that was speculation by individual americans, the individual people. in many cases they were building up the bubble. a device thato wri blows my mind. in california people on home prices would never come down. a certain percentage of the people were to blame for the home bubble gum does like they were to blame for the tech bubble. now...
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we did, bob. we did. got it. >>> well, washington's division and dysfunction threatened our economic recovery, some american cities are working their way back after decades of tough times. recently, i traveled to youngstown, ohio, and caught a glimpse of hope deep in the rust belt. >> this is your father's first restaurant? >> the first one. >> what street was it, do you remember? >> wick avenue. >> wick avenue. >> my grandmother's lived in youngstown, ohio, for more than 95 years. >> yes, i've seen it in many different phases. my grandfather came here from greece. he opened a restaurant, the american dream. >> but he taught himself english. he taught himself to read the newspaper, and he became a very successful businessman. as he would say, only in america. youngstown was prosperous, and downtown youngstown was really prosperous. it was wonderful to go to downtown youngstown and be all dressed up in gloves and hat and going in and out of the shops and having lunch downtown. it was exciting. >> but that
we did, bob. we did. got it. >>> well, washington's division and dysfunction threatened our economic recovery, some american cities are working their way back after decades of tough times. recently, i traveled to youngstown, ohio, and caught a glimpse of hope deep in the rust belt. >> this is your father's first restaurant? >> the first one. >> what street was it, do you remember? >> wick avenue. >> wick avenue. >> my grandmother's lived in...
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then bob woodward came out and said, yes, you did. you know, both a top aide said that you guys came up with this idea of the white house. look in the mirror, right. >> that's exactly right. a lot of people on wall street and in the media are saying just don't do it, don't go over the cliff. you know, and then that shows a we that we still have a 16 trillion-dollar national debt. so when the world are we going to get serious about what the american people say they want, which is reduction in the debt so that we don't become a country that looks like greece. [talking over each other] gregg: capitol hill and pennsylvania avenue, maybe they just think 16 trillion, 25 trillion, who cares. maybe they don't think it has a depressive effect on economic growth, and soaking up the credit markets, which women's businesses. >> that's exactly right. we don't have to wonder what this will go by. all we have to do is look over the pond and see what's happening in countries like greece and italy and spain and ireland have these massive debt. now we
then bob woodward came out and said, yes, you did. you know, both a top aide said that you guys came up with this idea of the white house. look in the mirror, right. >> that's exactly right. a lot of people on wall street and in the media are saying just don't do it, don't go over the cliff. you know, and then that shows a we that we still have a 16 trillion-dollar national debt. so when the world are we going to get serious about what the american people say they want, which is reduction...
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bob corker the u.s. senator said this is just for show, this is purely optics, the president is not sincere. what do you think? >> well this is not for show, this is a last-ditch effort by the president to bring the congressional leaders together to try and get at least a small package, a small deal together before the new year to avoid some of the tax parts of the fiscal cliff, and to deal with some of the unemployment issues. so, the president is very determined to try and do it, as you know, the house of representatives packed up its bags and went home. they are not even coming back until sunday night even though the clock is ticking. gregg: you call it a small deal. don't americans deserve something more than a small deal from what is arguably small politician stph-s. politicians? >> well when i say a small deal i don't mean an unimportant deal especially in fact as you've been reporting on january 1st people's taxes will start to go up, a big tax hike for middle class americans and others. the bill
bob corker the u.s. senator said this is just for show, this is purely optics, the president is not sincere. what do you think? >> well this is not for show, this is a last-ditch effort by the president to bring the congressional leaders together to try and get at least a small package, a small deal together before the new year to avoid some of the tax parts of the fiscal cliff, and to deal with some of the unemployment issues. so, the president is very determined to try and do it, as you...
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. >> let's go to the futures pits where bob iaccino is standing together. >> would you say chee-no, bob? >> would you like it in english or italian? >> iaccino. with that singing. >> wa part of italy, do you know? >> cosanza is the town. it's the foot of the boot. >> not a bad part of italy. >> no, there's really not. >> bob, help us here. >> i don't know if i can. >> you've got to. >> rise above, bob. >> just explain the volatility issue at a minimum. where do we go over the next two days of trading? we have today, we have monday and obviously we don't have tuesday. >> well, i don't know that we do a whole lot. i believe markets are just on the sidelines since before the start of the holidays for the most part. i believe there were some people holding out waiting for a fiscal cliff solution. i think we're going over the cliff, but we're grabbing one of those cartoon roots sticking out as we go over it. i think it will be a matter of days before just the political pressure of going over the cliff causes them to do about a 12-month deal. it's just -- i don't know. i hesitate to say the w
. >> let's go to the futures pits where bob iaccino is standing together. >> would you say chee-no, bob? >> would you like it in english or italian? >> iaccino. with that singing. >> wa part of italy, do you know? >> cosanza is the town. it's the foot of the boot. >> not a bad part of italy. >> no, there's really not. >> bob, help us here. >> i don't know if i can. >> you've got to. >> rise above, bob. >> just explain...
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we did, bob. we did. got it. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? >>> the only thing that stops a bad guy with a gun is a good guy with a gun. >> welcome back. it's been less than two weeks since the massacre at sandy hook elementary school. today shooting clubs in at least three states started training teachers to carry handguns. 200 people signed up for the teacher training in salt lake city. a gun club in ohio says it's swamped with training requests from teachers and administrators. arizona's even offering classes, too. the teachers unions are against the idea of arming faculty. but putting guns in schools is not new. in fact, 1/3 of all
we did, bob. we did. got it. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in...
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we'll ask republican senator bob corker if a deal is likely, and tell you how no deal could significantly impact everything from the price of milk to the price of gas. >> we also look back at the life and legacy of general norman schwarzkopf and a double agent tells "60 minutes" how he used facebook to infiltrate al qaeda. >> we begin with a look at today's "eye opener" your world in 90 seconds. >> the republicans in the house have left town, the negotiations
we'll ask republican senator bob corker if a deal is likely, and tell you how no deal could significantly impact everything from the price of milk to the price of gas. >> we also look back at the life and legacy of general norman schwarzkopf and a double agent tells "60 minutes" how he used facebook to infiltrate al qaeda. >> we begin with a look at today's "eye opener" your world in 90 seconds. >> the republicans in the house have left town, the...
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for "cbs this morning," bob orr in washington. >> schwarzkopf's former boss is likely to be hospitalized for a while according to the top aide. the 41st president is in intensive care at houston's methodist hospital being treated for a persistent fever. this morning his condition remains guarded but mr. bush's chief of staff, jean becker says we should "put the harpz back in the closet" meaning he's sick but not that sick. >>> the powerful winter storm that caused trouble across the country is finally moving out, left parts of western new york and pennsylvania with a foot or more of snow yesterday. meanwhile more than 135,000 homes and businesses in arkansas remain without power, three days after the storm dumped heavy snow on that area. at least 16 deaths around the country are blamed on that storm. >>> meteorologist jeff girardelli says more winter weather is headed to the northeast but not as bad. >> the storm is not as bad but the difference is that the snow will be closer to the coast around new york city and also in philadelphia. first thing is first, let's talk about what's happen
for "cbs this morning," bob orr in washington. >> schwarzkopf's former boss is likely to be hospitalized for a while according to the top aide. the 41st president is in intensive care at houston's methodist hospital being treated for a persistent fever. this morning his condition remains guarded but mr. bush's chief of staff, jean becker says we should "put the harpz back in the closet" meaning he's sick but not that sick. >>> the powerful winter storm that...
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we did, bob. we did. got it. because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ >>> okay. let's get you back now to the white house. and you see that is washington, obviously. and you see the new york stock exchange. we're keeping an eye on the stock exchange. it is down now. it is down now what is that, 120 -- your monitor at home is bigger than the one in the studio. down 130 points. not sure if they're related, but we're keeping an eye on it. they're meeting at the white house. my colleague jessica yellin getting new information on the air moments ago saying a source who has information on this meeting now, in the white house, says the potus will lay out a plan for tax increases for $250,000 plus, people who make $250,000 plus and extend unemployment. not a new proposal, democrats are familiar with this proposal and say it is not new. if they don't have a counterproposal, people who he's meeting wi
we did, bob. we did. got it. because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ >>> okay. let's get you back now to the white house. and you see that is washington, obviously. and you see the new york stock exchange. we're keeping an eye on the stock exchange. it is down now. it is down now what is that, 120 -- your monitor at home is bigger than the one in the studio. down...
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i wasn't being funny, bob. i know. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. >>> it was a crime that made headlines across the country in 199, it was all the rage in new york city, the 28-year-old white wall street investment banker jogging through central park when she was brutally assaulted, rained, left for dead. she was in a coma. five black and latino teenagers were arrested and convicted, they became known as the central park five. they spent between 6 and 13 years in prison, until a serial rapist confessed to the crime and they were exonerated. their story is the subject of a new documentary. >> five youths were arrested at 96th street all between 14 and 15 years of age. >> they got them! >> you can only imagine the pressure to have this crime solved and solved quickly. >> first
i wasn't being funny, bob. i know. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. >>> it was a crime that made headlines across the country in 199, it was all the rage in new york city, the 28-year-old white wall...
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. >> an animal rescue group trying to help an orphanned bob cat with an unusual problem. >> taking a look outside, boy, it looks like holidays are over. look at the commute going into the east bay. this is a mess, a little bit better for the peninsula you know? you've got to be patient out there. ÑsÑs >>> we want to show you incredible video out of china showing a 33 ton shark tank exploding in shanghai. just a huge wave of water just stops on the onlookers. 15 people were injured. none critically. three lemon sharks and dozens of smaller fish died. shanghai officials say cold temperatures and shod yes materials made the glass so brittle. >> trouble here, some scary moments for shoppers in a sacramento mall after reports of gunfire last night. people ran for safety. to started about 5:00 in the afternoon ai. group of 20 teens pushed shoppers and knocked over things creating a lot of noise, sounding like gunfire, sending people scrambling for cover. stores locked down, shoppers afraid of another mass shooting. happen. hid hinld the counter at macy's. and then, i was like, we need Ñ
. >> an animal rescue group trying to help an orphanned bob cat with an unusual problem. >> taking a look outside, boy, it looks like holidays are over. look at the commute going into the east bay. this is a mess, a little bit better for the peninsula you know? you've got to be patient out there. ÑsÑs >>> we want to show you incredible video out of china showing a 33 ton shark tank exploding in shanghai. just a huge wave of water just stops on the onlookers. 15 people...
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Dec 28, 2012
12/12
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bob is on the republican line from greenville, south carolina. caller: good morning. 35% of the homes in las vegas are leading up to the bible were second homes. that was speculation by individual americans, the individual people. in many cases they were building up the bubble. for you not to a device that blows my mind. in california people on home prices would never come down. a certain percentage of the people were to blame for the home bubble gum does like they were to blame for the tech bubble. now they have loans attached to them and many walk away and then we have to print money from the federal reserve. how can you deny this did not happen? people just on home prices will go up forever and i will jump in and take a hold of this and then they go down and everybody wants to blame someone else. you don't see that at all happening in this equation? guest: in order for speculation to happen, you have to have rising prices in the first place. you did not the speculation taking place in texas or kansas or nebraska or north carolina, even though
bob is on the republican line from greenville, south carolina. caller: good morning. 35% of the homes in las vegas are leading up to the bible were second homes. that was speculation by individual americans, the individual people. in many cases they were building up the bubble. for you not to a device that blows my mind. in california people on home prices would never come down. a certain percentage of the people were to blame for the home bubble gum does like they were to blame for the tech...
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Dec 28, 2012
12/12
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MSNBCW
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i wasn't being funny, bob. i know. it's an awesome responsibility. i know right now i have the lives of over 150,000 americans, men and women, in my hands. i don't want to make a mistake. but i'm human, and i recognize that i might. and i worry about that. regardless of the outcome, when this whole thing is over, i can still say to myself, you can gave it your best shot, then that's got to be enough. >> morning. it's 8:00 a.m. on the east coast. 5:00 a.m. on the west coast as you take a look at new york city. back with us on set, brian sullivan. fortune magazine's leigh gallagher, reverend al sharpton, and richard wolffe in washington. obviously, that was general norman schwarzkopf on the screen who passed away yesterday. i have a lasting memory of general schwarzkopf who served in the war in vietnam as well as obviously gulf storm i. there was a woman from iowa, her name was peg mullan. she wrote a book about the death of her son, michael mullen. the name of the book was "friendly fire." and norman schwarzkopf was the battalion commander, then a ker
i wasn't being funny, bob. i know. it's an awesome responsibility. i know right now i have the lives of over 150,000 americans, men and women, in my hands. i don't want to make a mistake. but i'm human, and i recognize that i might. and i worry about that. regardless of the outcome, when this whole thing is over, i can still say to myself, you can gave it your best shot, then that's got to be enough. >> morning. it's 8:00 a.m. on the east coast. 5:00 a.m. on the west coast as you take a...
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Dec 28, 2012
12/12
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CNNW
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sign himself out, say let's go, bob? >> we met with jim mcgrath yesterday. he said there is one thing i can assure you, his trademark sense of humor is intact. he is not on a ventilator, giving doctors and nurses hell in there. the guy is 88. 85th birthday three years ago, skydiving. he did it for his 80th, 75th. this guy likes to be active. loves the thrill of life and excitement. by the way, when he finished his skydiving on the 85th? he said how do you feel? when he said i don't feel a day over 84. my sense is, he is dog well and getting better, but it will take time, he's just an older guy. drew. >> miguel, thanks. we certainly wish the president all the best in getting better. >> it is 21 minutes after the hour. let's get you up to date on the top stories. congressional leaders on both sides have been summoned by the president to come to the white house today for an 11th hour fiscal cliff showdown. just four days remain to got a deal done or massive tax hikes and spending cuts kick in on tuesday. >>> the u.s. embassy clearing out of an african nation th
sign himself out, say let's go, bob? >> we met with jim mcgrath yesterday. he said there is one thing i can assure you, his trademark sense of humor is intact. he is not on a ventilator, giving doctors and nurses hell in there. the guy is 88. 85th birthday three years ago, skydiving. he did it for his 80th, 75th. this guy likes to be active. loves the thrill of life and excitement. by the way, when he finished his skydiving on the 85th? he said how do you feel? when he said i don't feel a...
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Dec 28, 2012
12/12
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bob. [applause] hello -- >> hello. i own an embroidery franchise out in herndon, va., and we work for small businesses, schools, corporations. i'm happy to be here today to talk to you about the fiscal cliff and how it might affect my business. i am mostly optimistic about our economy in the future, i have grave concerns about what is going on in congress and the potential fiscal cliff we are facing and the elimination of the tax cuts. a lot of the small business owners i talked to and know are in favor of keeping the tax cuts in place especially for the middle class. we believe in balanced approach and we think it's ok to allow the elimination of the tax cuts for the wealthy. as taxes increase, the taxes at my business will be effected and i will have less to pay for investments and new equipment, hiring new people, but personally my income tax rates will go up. it's already a financially constrained environment. but customers tax rates will go up creating less demand for my products and less revenue for me and less t
bob. [applause] hello -- >> hello. i own an embroidery franchise out in herndon, va., and we work for small businesses, schools, corporations. i'm happy to be here today to talk to you about the fiscal cliff and how it might affect my business. i am mostly optimistic about our economy in the future, i have grave concerns about what is going on in congress and the potential fiscal cliff we are facing and the elimination of the tax cuts. a lot of the small business owners i talked to and...
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Dec 28, 2012
12/12
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WUSA
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we'll ask republican senator bob corker if a deal is likely and tell you how no deal could significantly impact everything from the price of milk to the price of gas. >>> we also look back at the life and legacy of general norman schwarzkopf. and a double agent tells us how facebook was used to infiltrate al qaeda. >>> but we begin this morning with today's "eye opener," your world in 90 seconds. >>> the house and republican have left town. the negotiations between the president and speaker have fallen apart. you can't legislate with yourself. >>> republicans have bent over backward. we wanted an agreement, but we had no takers. >> washington scrambles to avert the fiscal cliff. >>> president obama has asked the congressional leaders to meet at the white house today. >> if they cannot reach a deal, the economists warn that could trigger another recession. >> are they going to avoid a fiscal cliff, eric? [ laughter ] as stormin' norman has died. he commanded the u.s.-led international coalition and forced saddam hussein's forces out of kuwait. >>> some of the same states are bracing for y
we'll ask republican senator bob corker if a deal is likely and tell you how no deal could significantly impact everything from the price of milk to the price of gas. >>> we also look back at the life and legacy of general norman schwarzkopf. and a double agent tells us how facebook was used to infiltrate al qaeda. >>> but we begin this morning with today's "eye opener," your world in 90 seconds. >>> the house and republican have left town. the negotiations...
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Dec 28, 2012
12/12
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CNBC
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don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. let'for an idea.s - a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. zwroo you can see there's some action. getting to see some traffic th
don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. let'for an idea.s - a grand idea called america. the idea that if you work...
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Dec 28, 2012
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KOFY
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leading that team will be bob of boston and bill brad headed both new york city and los angeles police departments. no. 2, return to neighborhood policing. 5 distinct police district two in east oakland each of the 5 headed by captain and lieutenant. >> it's critical for us economically and critical for every day citizens. everyone needs to feel safe. >>reporter: all of this falls on the heel of federal judge decision to have a compliance director oversee the oakland police department. move was made after the department failed to meet the deadline of court ordered reform. chef jordan stressed that the plant they work to put in place for early 2013 is part of pro active decision made by him back in april. he also made it clear how bill brad and his team will fall within the city's chain of command. >> they will be reporting to me and the mayor and mr. santana as group. >>reporter: group will give the chief recommendations but it will be up to the chief to carry them out. now all of this comes at a cost. the city will be presentd with proposal to pay the think tank 250,000 dollars out of
leading that team will be bob of boston and bill brad headed both new york city and los angeles police departments. no. 2, return to neighborhood policing. 5 distinct police district two in east oakland each of the 5 headed by captain and lieutenant. >> it's critical for us economically and critical for every day citizens. everyone needs to feel safe. >>reporter: all of this falls on the heel of federal judge decision to have a compliance director oversee the oakland police...